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Faalo
Faalo is 18 years old and married with one child. She runs a small business selling pork buns in her community and has been doing this for two years.

Faalo has requested a loan to buy pork, salt, onions, flour, cooking oil, and an oven. She joined SPBD this year to gain access to capital. With her earnings, Faalo will help with her family's weekly expenses.

Additional Information

About SPBD

South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.

About Samoa

  • $6,344
    Average annual income
  • 9
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faalo to buy pork, salt, onionis, cooking oil and a new oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013